Company Profile

SHEELA FOAM LTD.

NSE : SFLBSE : 540203ISIN CODE : INE916U01025Industry : Household & Personal ProductsHouse : Private
BSE3275.7017.75 (+0.54 % )
PREV CLOSE (Rs.) 3257.95
OPEN PRICE (Rs.) 3333.00
BID PRICE (QTY) 3270.05 (1 )
OFFER PRICE (QTY) 3275.70 (3 )
VOLUME 511
TODAY'S LOW / HIGH (Rs.)3250.00 3333.00
52 WK LOW / HIGH (Rs.)1561.2 3488.7
NSE3268.55 12.4 (+0.38 % )
PREV CLOSE(Rs.) 3256.15
OPEN PRICE (Rs.) 3272.45
BID PRICE (QTY) 3265.10 (2 )
OFFER PRICE (QTY) 3269.20 (1 )
VOLUME 2174
TODAY'S LOW / HIGH(Rs.) 3243.50 3288.45
52 WK LOW / HIGH (Rs.)1568.25 3487

Company News

Date Heading Details
03-Nov-2021 Sheela Foam informs about conference call <div align="justify"><span>Sheela Foam has informed that it enclosed Link for Audio Recording of Investors' Conference Call organized on October 30, 2021 post declaration of Financial Results for the Quarter and half year ended on September 30, 2021.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div align="justify"><br></div><div><br></div>
29-Oct-2021 Announcement under Regulation 30 (LODR)-Change in Management Pursuant to Regulation 30 and other relevant provisions of the Securities and Exchange Board of India (Listing obligation and Disclosure Requirements)Regulations, 2015, we wish to inform that Mr. Tushaar Gautam is elevated as Chief Executive Officer (CEO), India Business of the Company, by the Board ofDirectors, in its meeting held on 29th October 2021. He will assume his position w.e.f 1st February 2022.
23-Oct-2021 Sheela Foam informs about board meeting <div align="justify"><span>Sheela Foam has informed that the meeting of the Board of Directors of the Company is scheduled to be held on Friday, 29th October, 2021 to approve and take on record the Un-audited Financial Results of the Company for the quarter and half year ended 30th September, 2021.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div><br></div>
20-Oct-2021 Sheela Foam opening 100% export-oriented new unit at Gujarat <p align="justify">Sheela Foam's flagship brand --&nbsp;Sleepwell is opening 100 per cent export-oriented new unit at Nandi Gaon in Gujarat. The plant will have production capacity of manufacturing 1,000 mattresses in a single day and will be expandable to produce 3,000 mattresses per day by the end of this financial year.<br></p><p align="justify">The plant will produce both spring and foam mattresses and cater to the export market that will further strengthen Sheela Foam's product offering in the international markets. It exports to more than 25 countries across the Middle East, South Asia, Europe, Russia, Australia and America supported by its manufacturing units in India, Australia and Spain. <br></p><p align="justify">Sheela Foam is a leading manufacturer of mattresses in India marketed under its flagship brand -- Sleepwell. It manufactures other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (PU Foam) for end use in a wide range of industries.<br></p>
04-Oct-2021 Sheela Foam incorporates wholly owned subsidiary <p>Sheela Foam has incorporated wholly owned subsidiary -- International Comfort Technologies' (ICTPL) registered with ROC Delhi. Initially, ICTPL will establish two manufacturing facilities one in Medhi in Jabalpur and other is at Nandigram, Gujarat with the object to manufacture the valued products to tap rural or semi urban market targeting consumer segment and scaleup the export and e-commerce business. </p><p>The cost of project would be around Rs 200 crore. Half of the project cost would be funded by Sheela Foam through equity/preference shares/loan and remaining would be funded by bank.</p><p>Sheela Foam is a leading manufacturer of mattresses in India marketed under its flagship brand -- Sleepwell. It manufactures other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (PU Foam) for end use in a wide range of industries.<br></p>
04-Oct-2021 Announcement under Regulation 30 (LODR)-Acquisition Pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we would like to inform you that the company has incorporated a wholly owned subsidiary 'International Comfort Technologies Private Limited' with the Registrar of Companies, Delhi on October 1, 2021.
17-Sep-2021 Announcement under Regulation 30 (LODR)-Change in Management Pursuant to Regulation 30 and other relevant provisions of the Securities and Exchange Board of India (Listing obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that designation of Mr. Davinder Kumar Ahuja is changed from the Chief Financial Officer of Indian Operation of the Company to Group Finance Controller of the Company w.e.f. 15th September 2021 and he will not be designated as a Key Managerial Personnel.
19-Aug-2021 Sheela Foam informs about transcript of conference call <p align="justify">Sheela Foam has informed that it attached the Transcript of Investors Conference Call organized on August 16, 2021 post declaration of Financial Results for quarter ended on 30th June, 2021.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
14-Jul-2021 Sheela Foam informs about press release <div align="justify"><span>Sheela Foam has informed that it enclosed notice published on July 14, 2021 in English and Hindi in the following newspapers: Financial Express- English and Jansatta -Hindi - Delhi edition, requesting the shareholders to update their email-id, KYC documents and Bank Accounts details to enable the Company to send them Notice of Annual General meeting, Annual Report including Financial Statements on their email id's and holding Annual General Meeting through video conference (VC) or Other Audio&nbsp;<span>Visual Means (OAVM).</span></span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div><br></div>
28-Jun-2021 Sheela Foam jumps on looking at exports, import substitution as next big opportunities <P align=justify>Sheela Foam is currently trading at Rs. 2264.50, up by 18.30 points or 0.81% from its previous closing of Rs. 2246.20 on the BSE.<BR><P align=justify>The scrip opened at Rs. 2264.10 and has touched a high and low of Rs. 2335.00 and Rs. 2250.00 respectively. So far 1689 shares were traded on the counter.<BR><P align=justify>The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2440.00 on 22-Jun-2021 and a 52 week low of Rs. 1225.00 on 22-Oct-2020.<BR><P align=justify>Last one week high and low of the scrip stood at Rs. 2440.00 and Rs. 2126.65 respectively. The current market cap of the company is Rs. 11061.01 crore.<BR><P align=justify>The promoters holding in the company stood at 72.95%, while Institutions and Non-Institutions held 24.92% and 2.13% respectively.<BR><P align=justify>Sheela Foam is looking at exports and import substitution as the next big opportunities for itself leveraging ''on China becoming weaker on sentiments'' in the global markets.<P align=justify>The company, which recently completed 50 years of operations, is also looking to expand into beddings related adjacent areas such as bedsheets, comforters, duvets, and beds and bedroom furniture as it embarks on the journey for the next half-century.<P align=justify>Sheela Foam is a leading manufacturer of mattresses in India marketed under its flagship brand -- Sleepwell. It manufactures other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (PU Foam) for end use in a wide range of industries.<BR>